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Dip in profits puts the skids under targets at Barclays

Barclays could miss its ambitious, medium-term profitability target, chief executive Bob Diamond has admitted, as the bank reported a 3% fall in annual profits to �5.9 billion Comments (10)

Greek bailout snag sends jitters through markets

Stock markets wobbled and jittery investors are seeking safe havens, as struggling Greece was denied vital bailout funds by Europe's finance ministers Comments (11)

Chelsea tractor that is just electrifying...

Environmentalists usually revile them for their gas-guzzling status, but this is one SUV that could become the Chelsea tractor of choice for green mums on the school run Comments (3)

Luxury brands set for a jubilee bonanza

London's luxury brands are gearing up for street parties and exhibitions to cash in on the Queen's Diamond Jubilee this June Comments

Osborne's bank levy take is likely to miss �2.5bn target

Chancellor George Osborne could miss his target of raising �2.5 billion a year through the UK bank levy after Barclays said it is paying a lower-than-expected �325 million for 2012. Comments

New inflation fear as oil spike raises industry costs

A sudden spike in crude oil prices pushed up manufacturers' costs in January, giving the Bank of England a fresh inflation warning a day after it voted to pump an extra �50 billion into the struggling UK economy Comments (4)

Tate & Lyle blames Europe as Thames refinery jobs go

The American owner of the historic Tate & Lyle sugar refinery on the Thames at Silvertown is planning to shed staff because of new EU restrictions on the industry Comments (3)

John Micklethwait, The Economist

�I am ambivalent about how people read the weekly product. As long as they are paying for it, I�m happy�

Domain firm on the dot with another �9m

An AIM-listed firm that sells website addresses today raised a further �9 million from investors Comments (1)

CWC on the slide after message of poor progress in Panama

Cable & Wireless Communications saw its shares fall more than 8% after the emerging-markets telecoms firm warned its business in Panama "has not progressed as planned" Comments

NYSE Euronext profits slip amid slow trading

Further evidence of just how sluggish the end of last year was for the financial sector has come with results from the NYSE Euronext stock exchange giant Comments

Hammerson plans �50m Croydon retail development

Hammerson is to stump up �50 million to re-develop its shopping centre in Croydon Comments (1)

Games blip alert as Shaftesbury booms

Business is booming for London landlord Shaftesbury but the firm braced the City for a Olympic blip later this year as "outrageous" hotel prices deter visitors from the West End Comments

High energy prices and LNG demand boost BG

BG Group, the exploration arm of the former British Gas, has hiked its dividend by a tenth, after high energy prices and strong demand for liquefied natural gas pushed up profits by nearly a third Comments

Vodafone's customers shun eurozone travel

Mobile giant Vodafone's UK business customers are cutting back on travel overseas as part of a wider trend seen across Europe Comments (1)

Bonus backlash strikes again as Rio bosses decline payout

Rio Tinto chief executive Tom Albanese has announced he will forgo his bonus for 2011 as retribution for his disastrous acquisition of the Alcan aluminium business Comments (4)

Weir extends buy spree with �200m Aussie bid

Weir Group, the deal-hungry FTSE 100 pump manufacturer, has revealed yet more appetite for acquisitions when it made an A$294 million (�200 million) hostile takeover bid for an Australian mining equipment maker Comments

UK passenger revenues at Flybe under a cloud

More evidence of turbulence in the aviation sector emerged today as Flybe's UK passenger revenues fell in the four months since October Comments

Surprise dive into the red by Tata Steel

Tata Steel gave a nasty glimpse of just how bad things are looking in Europe as the steel giant reported a surprise quarterly loss Comments

Beer duty could cost 16,000 jobs

Thousands of jobs will be lost unless the Government halts plans for a "punitive" tax rise on beer, industry leaders have warned Comments

Jobs assurance for Bombardier staff

Workers at train-builder Bombardier have been given confirmation that their short-term future was secure, providing a "breathing space" for the firm's main UK plant Comments

Phoenix ends takeover talks with CVC

Life insurer Phoenix has ended takeover talks with private equity company CVC Capital Partners due to differences over the terms, including price Comments

Diageo is hit as British rein in their drinking

For a while it seemed that Britons were determined to drink their way through the economic crisis Comments (2)

UK economy gets another �50bn boost from the Bank

The Bank of England has flooded another �50 billion into the UK economy as it warned of the lingering threat to the recovery from the eurozone crisis Comments (11)